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The Series 1991 Bonds are issued pursuant to the Constitution and laws of the State of Florida, particularly Chapters 125 and 159, Florida Statutes (1990), as amended, and Resolution No. 89-19, duly adopted by the Board of County Commissioners of the County (the "Board") on February 14, 1991, as amended and supplemented, including without limitation the amendments and supplements made by Resolution No. 91-81, duly adopted by the Board on July 23, 1989, as amended and supplemented (collectively, the "Resolution"), and other applicable provisions of law. Under the Resolution, Florida (the "Paying Agent"), has been appointed as paying agent and registrar for the Series 1991 Bonds. The County, pursuant to power and authority vested in it by law, has heretofore acquired and/or constructed water and sewer systems located in the County which, together with any and all improvements, extensions and additions thereto hereafter constructed or acquired and any physically independent water or sewer system hereafter made a part of the System by resolution of the Board, together with any and all improvements, extensions and additions thereto thereafter constructed or acquired, are herein referred to as the "System". The County, pursuant to power and authority vested in it by law, has determined to acquire and construct a regional sludge treatment facility (the "1991 Project"), and has declared in the Resolution that the 1991 Project shall constitute part of the System. The County also has determined to retire the Water Revenue Bonds, Series 1988, Anticipation Notes, dated as of December 1, 1988 (the "Series 1.988 Notes"), hereCofore issued by the County. -z-